Recently, PEPE and Shiba Inu There were significant increases in coins such as (SHIB). While the price of PEPE increased by over 20%, SHIB also increased strongly, adding approximately 10% to its value.
PEPEWhen the price chart of is examined, it is seen that there is a sharp decline after a rapid rise, as a typical example of the pump-dump scenario. 794 billion PEPE worth approximately $1.1 million were deposited on the Gate.io exchange as the price rose. This transaction resulted in a profit of approximately $230,000 for the depositor before the price pulled back from its peak, in a classic example of how large transactions can affect meme coin valuations.
Koinfinans.com As we noted, the Shiba Inu, on the other hand, is riding the wave of a broader market recovery. Its chart shows more sustained buying interest than PEPE, with a steady climb within an upward channel.
However, while the nature of SHIB’s movements is less erratic than that of PEPE, it still carries the distinctive volatility of a meme coin. meme coin There are three critical factors to consider for investors considering entering the market:
Volatility: Meme coins are highly volatile. Recent price movements of PEPE and SHIB highlight the rapid gains and losses that can occur in very short time frames. Although higher volatility means higher returns, it also brings with it a greater risk of sudden price decline, especially for PEPE.
Market manipulation: Large holders or “whales” can significantly influence meme coin prices. As seen with PEPE, a single large deposit or withdrawal can lead to significant price fluctuations.
Investors should be alert to the possibility of market manipulation and trade with caution. Lack of fundamental value: Unlike major cryptocurrencies, which have wider usage and adoption, meme coins often lack strong fundamental value. Their prices are typically driven by community sentiment and social media hype.